The Legal Services Global Market Briefing Report from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
The market characteristics section of the report defines and explains the market.
The market size section gives the legal services market revenues, covering both the historic growth of the market and forecasting the future.
Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last three years are identified.
The trends and strategies section highlights the likely future developments in the legal services market and suggests approaches.
Reasons to Purchase
• Get up to date information available on the legal services market globally.
• Identify growth segments and opportunities.
• Facilitate decision making on the basis of historic and forecast data and understand the drivers and restraints on the market.
• Develop strategies based on likely future developments.
• Gain a global perspective on the development of the market.
Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Markets Covered: Legal Services
Companies Mentioned: Deloitte, Latham & Watkins, Baker & McKenzie, DLA Piper USA, Skadden, Arps, Slate, Meagher & Flom, Kirkland & Ellis, Allen & Overy, Jones Day, Sidley Austin, Morgan and Lewis & Bockius
Geographic scope: Americas, Europe, Asia, Middle East and Africa, Oceania.
Time series: Five years historic and forecast.
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, market share of competitors, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
1. Legal Services Market Characteristics
2. Legal Services Market Size and Growth
2.1 Historic Market Growth
2.1.1 Drivers of the Market
2.1.2 Restraints on the Market
2.2 Forecast Market Growth
2.2.1 Drivers of the Market
2.2.2 Restraints on the Market
3. Porters Five Force Model
3.1 Bargaining Power Of Buyer
3.2 Bargaining Power Of Suppliers
3.3 Threat Of New Entrants
3.4 Threat Of Substitutes
3.5 Industry Competition
4. PESTLE Analysis
5. Legal Services Market Segmentation
5.1 Global Segmentation
5.2 Civil Law Practices
5.2.1 Market Characteristics
5.2.2 Market Trends And Strategies
5.3 Criminal Law Practices
5.3.1 Market Characteristics
5.3.2 Market Trends And Strategies
5.4.1 Market Characteristics
5.4.2 Market Trends And Strategies
6. Legal Services Market Regional And Country Analysis
6.1 Global Legal Services Market, 2016, By Region
6.2 Global Legal Services Market, 2012 – 2020, Historic and Forecast, By Region
6.3 Legal Services Market, 2016, By Country
6.4 Legal Services Market, 2012 – 2020, Historic and Forecast, By Country
7. Global Legal Services Market Comparison with Macro Economic Factors
7.1 Legal Services Market Size, Percentage Of GDP, Global
7.2 Per Capita Average Legal Services Expenditure, Global
8. Legal Services Market Comparison With Macro Economic Factors Across Countries
8.1 Legal Services Market Size, Percentage Of GDP, By Country
8.2 Per Capita Average Legal Services Expenditure, By Country
9. Asia Legal Services Market
9.1.1 Asia Legal Services Market Overview
9.1.2 Asia Legal Services Historic Market, 2012 – 2016
9.1.3 Asia Legal Services Forecast Market, 2016 – 2020
9.1.4 Asia Market Size By Segment
9.2 Asia Legal Services Market: Country Analysis
9.3 China Legal Services Market
9.3.1 China Legal Services Market Overview
9.3.2 China Legal Services Historic Market, 2012 – 2016
9.3.3 China Legal Services Forecast Market, 2016 – 2020
9.3.4 China Market Size By Segment
9.4 India Legal Services Market
9.4.1 India Legal Services Market Overview
9.4.2 India Legal Services Historic Market, 2012 – 2016
9.4.3 India Legal Services Forecast Market, 2016 – 2020
9.4.4 India Market Size By Segment
9.5 Japan Legal Services Market
9.5.1 Japan Legal Services Market Overview
9.5.2 Japan Legal Services Historic Market, 2012 – 2016
9.5.3 Japan Legal Services Forecast Market, 2016 – 2020
9.5.4 Japan Market Size By Segment
10. Europe Legal Services Market
10.1.1 Europe Legal Services Market Overview
10.1.2 Europe Legal Services Historic Market, 2012 – 2016
10.1.3 Europe Legal Services Forecast Market, 2016 – 2020
10.1.4 Europe Market Size By Segment
10.2 Europe Legal Services Market: Country Analysis
10.3 UK Legal Services Market
10.3.1 UK Legal Services Market Overview
10.3.2 UK Legal Services Historic Market, 2012 – 2016
10.3.3 UK Legal Services Forecast Market, 2016 – 2020
10.3.4 UK Market Size By Segment
10.4 Germany Legal Services Market
10.4.1 Germany Legal Services Market Overview
10.4.2 Germany Legal Services Historic Market, 2012 – 2016
10.4.3 Germany Legal Services Forecast Market, 2016 – 2020
10.4.4 Germany Market Size By Segment
10.5 France Legal Services Market
10.5.1 France Legal Services Market Overview
10.5.2 France Legal Services Historic Market, 2012 – 2016
10.5.3 France Legal Services Forecast Market, 2016 – 2020
10.5.4 France Market Size By Segment
10.6 Italy Legal Services Market
10.6.1 Italy Legal Services Market Overview
10.6.2 Italy Legal Services Historic Market, 2012 – 2016
10.6.3 Italy Legal Services Forecast Market, 2016 – 2020
10.6.4 Italy Market Size By Segment
10.7 Spain Legal Services Market
10.7.1 Spain Legal Services Market Overview
10.7.2 Spain Legal Services Historic Market, 2012 – 2016
10.7.3 Spain Legal Services Forecast Market, 2016 – 2020
10.7.4 Spain Market Size By Segment
10.8 Russia Legal Services Market
10.8.1 Russia Legal Services Market Overview
10.8.2 Russia Legal Services Historic Market, 2012 – 2016
10.8.3 Russia Legal Services Forecast Market, 2016 – 2020
10.8.4 Russia Market Size By Segment
11. Americas Legal Services Market
11.1.1 Americas Legal Services Market Overview
11.1.2 Americas Legal Services Historic Market, 2012 – 2016
11.1.3 Americas Legal Services Forecast Market, 2016 – 2020
11.1.4 Americas Market Size By Segment
11.2 Americas Legal Services Market: Country Analysis
11.3 Brazil Legal Services Market
11.3.1 Brazil Legal Services Market Overview
11.3.2 Brazil Legal Services Historic Market, 2012 – 2016
11.3.3 Brazil Legal Services Forecast Market, 2016 – 2020
11.3.4 Brazil Market Size By Segment
11.4 USA Legal Services Market
11.4.1 USA Legal Services Market Overview
11.4.2 USA Legal Services Historic Market, 2012 – 2016
11.4.3 USA Legal Services Forecast Market, 2016 – 2020
11.4.4 USA Market Size By Segment
12. Middle East & Africa Legal Services Market
12.1.1 Middle East & Africa Legal Services Market Overview
12.1.2 Middle East & Africa Legal Services Historic Market, 2012 – 2016
12.1.3 Middle East & Africa Legal Services Forecast Market, 2016 –2020
12.1.4 Middle East & Africa Market Size By Segment
13. Oceania Legal Services Market
13.1.1 Oceania Legal Services Market Overview
13.1.2 Oceania Legal Services Historic Market, 2012 – 2016
13.1.3 Oceania Legal Services Forecast Market, 2016 – 2020
13.1.4 Oceania Market Size By Segment
13.2 Oceania Legal Services Market: Country Analysis
13.3 Australia Legal Services Market
13.3.1 Australia Legal Services Market Overview
13.3.2 Australia Legal Services Historic Market, 2012 – 2016
13.3.3 Australia Legal Services Forecast Market, 2016 – 2020
13.3.4 Australia Market Size By Segment
14. Legal Services Market Competitive Landscape
14.1 Company Profiles
14.2.2 Products And Services
14.2.4 Financial Performance
14.3 Latham & Watkins
14.3.2 Products And Services
14.3.4 Financial Performance
14.4 Baker & McKenzie
14.4.2 Products And Services
14.4.4 Financial Performance
14.5 DLA Piper
14.5.2 Products And Services
14.5.4 Financial Performance
14.6 Skadden, Arps, Slate, Meagher & Flom
14.6.2 Products And Services
14.6.4 Financial Performance
15. Legal Services Market Customer Information
16. Key Mergers And Acquisitions In The Legal Services Market
17.1 NAICS Definitions Of Industry Covered In This Report
17.4 Research Inquiries
17.5 The Business Research Company
17.6 Copyright and Disclaimer
Legal services companies advise clients (individuals or corporations) about their legal rights and responsibilities, and represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.
The USA was the largest country in the legal services market in 2016, accounting for about $290 billion or 45% of the global market. The UK was the second largest market, accounting for about $45 billion or 7% of the global market. Germany was the third largest market, accounting for about $25 billion or 4% of the global market. France accounted for about 3.5% and $20 billion, while Japan accounted for 0.5% of the global legal services market.
The purchase patterns of customers seeking legal services is evolving continuously and customers are becoming more willing to purchase legal services from non-traditional companies. Companies are willing to purchase legal services from non-traditional firms that offers a range of professional services. For instance, according to a survey by Deloitte about 52% of in-house departments are considering buying legal services from non-traditional law firms. Clients are looking for companies that have cross functional legal expertise such as finance, accounting and marketing and companies that offer services through online tools such as LegalZoom, Rocket Lawyer and LawDepot. Also, according to a survey by Deloitte on Legal Services Trends in 2016, about 35% of the organizations are looking for commercial and non-legal expertise and 18% of organizations are looking for expertise in digital, data privacy and cyber security expertise from legal service providers.
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